Project · Transactions · 2017

51 @ Business Bay Property Transactions 2017

18 property sales worth ⃃ 26.21M were registered in 51 @ Business Bay in 2017, 100.0% higher than 2016 by number of sales. The median sale price was ⃃ 1,244,925 and the median price per square foot ⃃ 1,072 (−13.2% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 18 salesUpdated: 18 Oct 2026
Property sales
18
+100.0% vs 2016
1 Jan – 31 Dec 2017
Total value
⃃ 26.21M
+102.3% vs 2016
1 Jan – 31 Dec 2017
Median sale price
⃃ 1,244,925
−12.9% vs 2016
18 sales
Median price per sq ft
⃃ 1,072
−13.2% vs 2016
18 sales

What types of property sold in 51 @ Business Bay in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial18100%⃃ 26.21M⃃ 1,244,925⃃ 1,072

How were 2017 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)1266.7%⃃ 17.46M⃃ 1,229,144⃃ 1,054
Resale (secondary)633.3%⃃ 8.75M⃃ 1,505,517⃃ 1,300
Ready18100%⃃ 26.21M⃃ 1,244,925⃃ 1,072

How many rental contracts were registered in 51 @ Business Bay in 2017?

133 rental contracts (new and renewed) were registered in 51 @ Business Bay in 2017, at a median annual rent of ⃃ 84,000 (−20.0% on 2016). Rental yields in 51 @ Business Bay

What were the most expensive property sales in 51 @ Business Bay in 2017?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
09/08/201751 @ Business BayCommercial1,501 sq ft⃃ 2,217,323Primary · Ready
09/08/201751 @ Business BayCommercial1,432 sq ft⃃ 2,082,677Primary · Ready
03/04/201751 @ Business BayCommercial1,553 sq ft⃃ 2,018,367Resale · Ready
03/04/201751 @ Business BayCommercial1,553 sq ft⃃ 2,018,367Resale · Ready
20/03/201751 @ Business BayCommercial1,158 sq ft⃃ 1,777,248Primary · Ready
08/11/201751 @ Business BayCommercial1,158 sq ft⃃ 1,638,386Primary · Ready
03/04/201751 @ Business BayCommercial1,158 sq ft⃃ 1,505,660Resale · Ready
03/04/201751 @ Business BayCommercial1,158 sq ft⃃ 1,505,374Resale · Ready
25/05/201751 @ Business BayCommercial1,158 sq ft⃃ 1,260,706Primary · Ready
07/09/201751 @ Business BayCommercial1,166 sq ft⃃ 1,229,144Primary · Ready

What were the last registered sales of 2017?

DatePropertyTypeSizePriceMarket
08/11/201751 @ Business BayCommercial1,158 sq ft⃃ 1,638,386Primary · Ready
27/09/201751 @ Business BayCommercial1,091 sq ft⃃ 1,150,164Primary · Ready
07/09/201751 @ Business BayCommercial1,166 sq ft⃃ 1,229,144Primary · Ready
07/09/201751 @ Business BayCommercial1,166 sq ft⃃ 1,229,144Primary · Ready
07/09/201751 @ Business BayCommercial1,158 sq ft⃃ 1,220,986Primary · Ready
07/09/201751 @ Business BayCommercial1,154 sq ft⃃ 1,217,000Primary · Ready
07/09/201751 @ Business BayCommercial1,158 sq ft⃃ 1,220,986Primary · Ready
07/09/201751 @ Business BayCommercial1,158 sq ft⃃ 1,220,743Primary · Ready
21/08/201751 @ Business BayCommercial1,145 sq ft⃃ 550,000Resale · Ready
09/08/201751 @ Business BayCommercial1,501 sq ft⃃ 2,217,323Primary · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2017 with the whole of 2016.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/51-business-bay/2017
51 @ Business Bay Property Transactions 2017. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/51-business-bay/2017

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in 51 @ Business Bay in 2017?
18 property sales worth ⃃ 26,212,275 were registered in 51 @ Business Bay in 2017. That is 100.0% higher than 2016.
What was the median property price in 51 @ Business Bay in 2017?
The median sale price was ⃃ 1,244,925 and the median price per square foot ⃃ 1,072 (1 Jan – 31 Dec 2017).
What share of 2017 sales in 51 @ Business Bay were off-plan or from developers?
Developer (primary) sales were 66.7% of the 18 sales and resales 33.3%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/51-business-bay/2017